Job growth accelerated in Sep., unemployment rate ticks up
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The U.S. unemployment rate crept up to 4.4% in September from 4.3% in the prior month and touched a four-year high, but it wasn't all bad news. An estimated 470,000 people entered the labor force in September,
The U.S. unemployment rate was 4.4% in September, the BLS reported Thursday. That's a bit higher than the 4.3% logged in August and higher than economists’ expectations that unemployment would remain unchanged,
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Unemployment rate and deteriorating labor markets are ‘very concerning,’ says economic expert
Renaissance Macro Research head of economic research Neil Dutta analyzes the unemployment rate and job market while highlighting surging youth unemployment on ‘Making Money.’
The latest jobs report shows the unemployment rate for Black women is 7.5%, up from 6.7%.
Read about how strong labor market data impacts Fed rate cut odds, major indices. In this overvalued market, our top stock picks include the XLC ETF & Disney. Read more here.
The unemployment rate for 15 to 65-year-olds reached 5.3% in the third quarter of this year, up 0.8 percentage points from 4.5% the same time in 2024.
Government data suggests an elevated unemployment rate in October as an uncertain economic environment discouraged hiring.
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